Scholarships, Grants, and Loan Trends at AiSLC

Over the past 4 years (2013-2016), the average number of students who received grants aid/scholarships is 315, which is 90.33 % of all undergraduate students. 287 students which is 81.67% of undergraduate students received federal student loans and the average loan amount is $9,511.

For full-time, first-time beginning students (freshmen), 95.00% of students received grants or scholarships and 87% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The Art Institute of Salt Lake City since 2013.

For that period, the average number of students who received grants aid/scholarships is 315, which is 90.33 % of all undergraduate students. 287 students which is 81.67% of undergraduate students received federal student loans and the average loan amount is $9,511.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	419 (90%)	$5,208	328 (70%)	$4,074	399 (86%)	$9,163
2014-15	331 (88%)	$5,092	227 (61%)	$4,190	292 (78%)	$9,614
2015-16	194 (93%)	$5,616	126 (60%)	$4,049	170 (81%)	$9,757
Average	315 (90.33%)	$5,305	227 (63.67%)	$4,104	287 (81.67%)	$9,511

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 4 years, on average, 34 (95.00 % of students) received grants or scholarships and its average amount is $5,542. It can cover 37.22% of tuition & fees ($14,890).

In addition, 30 (87.33 % of students) students get helped from the students loans (average amount : $9,554).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	66 (96%)	$5,402	59 (86%)	$8,143
2014-15	34 (89%)	$5,855	29 (76%)	$10,594
2015-16	2 (100%)	$5,370	2 (100%)	$9,925
Average	34 (95.00%)	$5,542	30 (87.33%)	$9,554

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 4 years, on average, 27 (66.33 % of students) received Pell (federal) grants and its average amount is $4,828.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	52 (75%)	$4,239	20 (29%)	$845	-	-	63 (91%)	$1,892
2014-15	28 (74%)	$4,470	11 (29%)	$873	-	-	33 (87%)	$1,949
2015-16	1 (50%)	$5,775	-	-	-	-	2 (100%)	$2,482
Average	27 (66.33%)	$4,828	16 (29.00%)	$859	-	-	33 (92.67%)	$2,108

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 4 years, on average, 30 (87.33 % of students) get any students loan help and its average loan amount is $30.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	59 (86%)	$8,143	59 (86%)	$7,749	3 (4%)	$7,750
2014-15	29 (76%)	$10,594	29 (76%)	$8,916	3 (8%)	$16,222
2015-16	2 (100%)	$9,925	2 (100%)	$9,925	-	-
Average	30 (87.33%)	$9,554	30 (87.33%)	$8,863	3 (6.00%)	$11,986

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